Tower Corp. had the following stock outstanding and Retained Earnings at December 31, 2018: Common Stock (par $8; outstanding, 22,000 shares) Preferred stock, 8% (par $10; outstanding, 5,200 shares) Retained Earnings s176,000 52,000 272,000 On December 31, 2018, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2016 or 2017, and none have been declared yet in 2018. Three independent cases are assumed: Case A: The preferred stock is noncumulative: the total amount of 2018 Case B: The preferred stock is cumulative: the total amount of 2018 dividends Case C Same as Case B, except the total dividends are $58,000 Required: 1-a. Compute the amount of 2018 dividends, in total that would be payable to each class of stockholders if dividends were declared as dividends would be $11,800 would be $12,480. Dividends were not in arrears prior to 2016 described in each case. TIP: Preferred stockholders with cumulative dividends are to be paid dividends for any prior years (in arrears) and for the current year before common stockholders are paid. 1-b. Compute per case, the 2018 dividends per share, payable to each class of stockholders. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Compute the amount of 2018 dividends, in total that would be payable to each class of stockholders if dividends were declared as described in each case. TIP: Preferred stockholders with cumulative dividends are to be paid dividends for any prior years (in arrears) and for the current year before common stockholders are paid Case A Case B Case C Preferred Common Total Req 1A Req 1B> Req 1A Req 18 Compute per case, the 2018 dividends per share, payable to each class of stockholders. (Round your answers to 2 decimal places.) Case A Case B Case C Preferred (per share) Common (per share) Req 1A eg 18